November 21, 2024 4:02 pm
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Richmond American buys shuttered Glendale golf course

VIA NATHAN & ASSOCIATES INC.

(Disclosure: Rose Law Group represents Richmond American Homes.)

By Angela Gonzales | Phoenix Business Journal

Richmond American Homes of Arizona Inc. plopped down $28.64 million in cash to buy land that was once home to a golf course in Glendale.

Selling the land, according to Tempe-based real estate database Vizzda LLC, was Towne Development Inc., which paid $6.5 million to the city of Glendale in 2019 after the city shuttered the Glen Lakes Golf Course — despite a group of petitioners fighting to save the golf course.

Read the full subscription story from the Phoenix Business Journal.

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